IN THE NEWS
Economic Development Headlines
Major Furniture Showroom 'Mall' to be Built Next to IKEA
- A pair of Arizona real estate developers has purchased 6.7 acres in Draper where they plan to build a 108,000 square foot retail furniture showroom mall called Draper Design Center, which will be patterned after the Emerald Design Center, a Tempe, Ariz. (SL Enterprise)
$10 Million to be Invested in Utah's First 'China Town'
- Hong Kong developers Yue So and Wai Chan have purchased a 5.54-acre parcel in South Salt Lake to build Utah's first China Town, which will replace the Rocky Point Haunted House. (SL Enterprise)Firearms Distributor to Open SLC Facility
- AcuSport, a Bellefontaine, Ohio-based distributor of firearms and related outdoor products, will open a 23,000 square feet distribution center in Salt Lake City. (SL Enterprise)O.C. Tanner Co. Sets Sights on Buying Former Planetarium Building
- O.C. Tanner Co. has plans to respond to an RFP to purchasing the former Hansen Planetarium in downtown Salt Lake City and relocate its retail jewelry store to the historic building. (SL Enterprise)'Granite Block' Plan Touted
- The owner of what is now one of Sugar House's most eclectic retail districts says his planned redevelopment will add value to the neighborhood while preserving its unique identity and that he is committed to improving the area, not destroying it. (Morning News) (KCPW) (KCPW)Anti-Big Box Referendum Gains Traction in Heber
- Opponents of a proposed Wal-Mart in Heber City say they've collected close to half the number of signatures they need to put the big box issue to a public vote. Matthew Heimburger is an organizer of the referendum with the grassroots group "Put Heber Valley First!" (KCPW)
Out-of-State Developers Plan to Build Hotel in International Center
- REI Real Estate Services, based in Indianapolis; White Lodging Services, headquartered in Maryville, Ind.; and Poe Companies, based in Louisville, Ky. has purchased 5.5 acres in the Salt Lake International Center where they will develop a SpringHill Suites hotel with complementary retail uses. (SL Enterprise)
Most Oppose Real Deal
-Most Salt Lake County residents not only oppose the use of hotel tax dollars for a soccer stadium site but they also would sign a petition to try to repeal the use of the $35 million asked for the project by the Utah Legislature. (Morning News)
Logan conference prospects weighed
- The pending construction of a conference center in south Logan has drawn the interest of numerous local companies and organizations as a locale for future events, but none of them said with certainty they’ll book it for functions once complete. (Herald Journal)
New Heights for Ogden
Heber Big-Box Petition Kicks Off
- Not everyone in Heber City is happy about the City Council's recent move to throw open the doors to big-box development just 20 months after revamping ordinances to keep the retail giants out. (SL Tribune)Autoliv Highlighted in Regional Ad
- As home to the world's largest airbag plant, the Top of Utah has been getting some major publicity in the business world, courtesy of Toyota Motor Co. (Standard Examiner)
Merchants Huddle: They Seek More Details on Sugar House Project
- Merchants affected by a proposed redevelopment packed Sugar House Coffee Thursday, eager to discuss the fate of their businesses and a beloved shopping district. (Morning News)
Keeping Area's Ambience is the Goal
- Specific details of planned redevelopment of the "Granite Block" in Sugar House are scarce, but one of the block's landowners said Thursday he is most interested in preserving the area's funky feel. (Morning News)
Editorial: Never Say Never
- Ogden's controversial gondola-and-resort proposal has become the civic-debate version of Whac-a-Mole. (Standard Examiner)
Funds to Aid HAFB Programs, Create Jobs
- The planets appear to be aligning to support an even stronger Hill Air Force Base — and related jobs in the area. (Clipper Today)
WSU Votes to Keep 120 Acres
- Weber
State University says it wants to keep 120 acres for
future development rather than sell it to a
developer who wants to build a gondola and resort.
(Morning
News)
On-Site Visit to Target Economic Development
- The
World Trade Association of Utah and the Governor's
Office of Economic Development will have an on-site
visit of the GOED office from noon to 1:30 p.m.
March 16 at 324 S. State, Suite 500. (Morning
News)
DATC to Benefit Entrepreneurs
-
Entrepreneurs may soon have a place to launch their
businesses in Morgan County, thanks to the influence
of the Davis Applied Technology College. (Standard
Examiner)
Park City Closer to Air Force Land Deal
- Park
City officials say they are one step closer to
saving as a greenbelt 35 acres at the town's eastern
entryway that the Air Force once identified as the
site for a large resort hotel. (SL
Tribune)
County Deemed Too Big For 'Fast Track'
- A new
Senate bill designed to accelerate industrial
development in Utah's rural counties could leave
Tooele County in the slow lane.
(Tooele
Transcript Bulletin)
Wind Turbine Operator Hopes to Tap Stockton Breezes
- Utah's
first major commercial wind farm could begin
development this year on South Mountain near
Stockton, according to county and state officials.
(Tooele
Transcript Bulletin)
March 16 Expo to ‘Pack Heat’
- The March 16 Northern Utah Business & Economic Summit is “packing a lot of heat.” That is, attendees will receive a variety of messages from myriad presenters at the event, to be held at Weber State Davis, 7 a.m.-2 p.m. (Clipper Today)
Travel and Tourism Levels Elevated in Utah, Experts Report
- Utah’s
travel and tourism industry has continued to ride
the wave of attention generated by the 2002 Winter
Olympics. (Utah
Business)
|
